Accounts Receivable Factoring
Accounts Receivable Financing Facilities Awarded
This past week Paragon Financial provided a $500,000 accounts receivable financing facility to a construction company working with county and city government contracts. We also provided a $250,000 accounts receivable financing facility to a company that repairs and maintains industrial machinery. Read more
Financing Growth Through Factoring Case Study
The Company had won a $2 million one year self-renewing contract from the U.S. government to provide security personnel. These personnel would require high end security clearance, which meant higher pay, putting pressure on the Company’s cash flow. The bank was not willing to provide funding. Without financing, the Company would have to pass on [read more »]
GE Capital’s New Factoring Company
GE Capital, one of Europe’s leading providers of mid-market and SME finance, has launched a factoring platform in Poland. Factoring, a form of accounts receivable (AR) finance, allows businesses to access finance secured against the value of unpaid invoices, providing short-term working capital. By selling invoices at a discount, businesses can gain instant access to [read more »]
Choosing the Right Loan to Finance Your Business’s Growth
Two business attorneys discuss choosing the right loan to finance your business, including accounts receivable financing. Read the Full Story
Asset Based Lending Making Its Move
Asset based lending is gaining steam with companies such as Hertz, Del Monte and Sears using it to maintain operations. These companies are finding it is less expensive and more flexible than traditional loans. Read the Full Story
How Small Businesses Can Benefit From Receivables Financing
Small businesses can benefit greatly from receivables financing. It gives them an opportunity to raise capital without having to depend on a bank loan or other sources of debt. Receivables financing allows companies to utilize the resources they have already, managed to develop, mainly their clients, to generate capital. Companies that bill their companies (via [read more »]
Account Receivables Funding: A Viable Source of Funding For Many Businesses
Accounts receivables funding is a viable source of funding for many businesses. Unfortunately, not enough people know about it. When it comes to commercial financing, most people only consider bank loans. However, there are other options available, some much better and easier to secure then bank financing. Accounts receivables funding is one of these alternatives. [read more »]
Accounts Receivable Factoring: Your Tool For Unlimited Sales
Companies with big ambitions will need access to financing that will enable them to realize their goals. It takes money to generate business. Consistent marketing, the use of high quality materials and excellent service requires cash, cash that has become increasingly more difficult to secure. Bank loans have become nearly impossible to qualify for. This [read more »]
Accounts Receivable Factoring: A Perfect Cash Flow Solution For Any Business
Accounts receivable factoring is an option that has recently become much more attractive to a variety of businesses. Because it has become much more difficult then ever to qualify for a bank loan, companies are being forced to search out alternative financing methods, sometimes to stay afloat. Invoice (receivables) factoring is much easier then bank [read more »]
Accounts Receivable Factoring: Is Your Business Eligible?
Your company may or may not have heard of receivables factoring. If not, what you learn in this article will be quite exciting. Receivables factoring is an excellent way for companies to receive capital in a very short amount of time. Businesses generally rely on debt when they are in need of cash. The problem [read more »]